SLR 0.00% $1.57 silver lake resources limited

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  1. 2,674 Posts.
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    Even at 150kozpa, the multiples for this stock are ridiculous. I know Les has commented publicly about this. OK so a lot of gold stocks have sub 10 p/e's, but this is ridiculous.

    If sentiment towards gold changes such that people expect a price above 1600 for the forseeable future, then people will also start doing the maths: if you're clearing 1000/oz and you mine 200koz/year, even including life of mine arguments and the like, what should your share price be?
 
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Currently unlisted public company.

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